Does Funding Influence The Barrier To Entry And Deter Students From Enrolling?
Table of Content
Task 01: Research Question1
Source2
Task 02: Literature Review1
Sources6
Task 03: Research Methodology1
Sources3
Task 04: Ethical Implications1
Sources2
Task 05: Research Instrument1
Sources2
Task 06: Interpret Appropriate Data Analysis Methods1
Sources3
Task 07: Research Philosophy1
Sources2
References3
Does Funding Influence The Barrier To Entry And Deter Students From Enrolling?
Task 01: Research Question
The research will be based on the mentioned research question:
Does funding influence the barrier to entry and deter students from enrolling?
The purpose of this study is to explore the influence of state tuition and funding policies on the undergraduate enrollment at four-year public higher education institutions in the State of UK from 1987 to 2007 (John 20004,p. 61). During these years, the fluctuating tuition and funding policies did not provide enough consistency for UK students to make a decision to enroll. This inconsistency could also create unpredictable obstacles for students to access higher education in UK. This study examines how state policies, such as tuition, financial aid, and appropriations, influenced the undergraduate enrollment patterns of four-year public higher education during the past 20 years (1987-2007) in UK.
Source
St. John, E. P. (2000). The impact of student aid on recruiting and retention: What the research indicates. New Direction for Student Services, 89, 61-73.
Task 02: Literature Review
Preference and budget constrain
Households' income and their preferences are key elements in their consumption decisions. Each household has its budget constraint defined as “the set of consumption bundles that cost just as much as the student has to spend. For example, a household with a fixed budget can decide how much money to spend on the purchase of higher education rather than a real estate purchase (Rothschild 19954,p. 573). A household could spend 100% toward higher education, and none toward buying a house. Or it could spend 50% toward higher education, and 50% toward purchasing a house. Each household decides the spending ratio between higher education and a real estate purchase based on its ability to liquefy its wealth between different time periods. In addition to the monetary limitation on a household's choice, its preference for higher education plays another critical role.
Some households may have strong preferences for liberal arts colleges, and other households may prefer land grant institutions (Perry 1999). One obvious example is the public's dramatic change of preference for higher education after World War II. Following World War II a system of “mass” higher education replaced the system of “elite” higher education.
Women and minorities, for example, started to pursue higher education in greater numbers. Hence, when a household as a student plans to spend its budget on higher education and other services, the principle is to maximize the household's satisfaction without exceeding its financial limitation.
Price Effect
When the household chooses higher education as one of its consumption services, tuition becomes one of the obvious indicators of whether to attend or not (Paulsen & John 20024,p. 189). It is believed that the relationship between tuition and student enrollment follows the Law of Demand, which implies that the relationship ...